Examples of Revised Contract Price in a sentence
The Initial Contract Price is the Contract Price listed in the Employer’s Letter of Acceptance.The Revised Contract Price is the Contract Price agreed after signing of a supplementary agreement with the Employer.
Original Contract Price $97,771.25Change Order No. 1 – Additional 1200 LF LineCleaning & CCTV Inspection $10,934.78 Revised Contract Price (final) $108,706.03The change order was executed on behalf of the Commission based on procurement guidelines.
Original Contract Price$235,600.00Change Order – Deletion of 154 LF Line Cleaning & CCTV Inspection (Based on actual construction)(-$4,941.00) Revised Contract Price (final) $230,659.00 The change order was executed on behalf of the Commission as per District policy.
The table has been used to show the associated time and cost overruns, as per the sampled projects.Table 4-5 Original and Revised Contract Price and Contract Period of Sampled DBB Contracts.
Contract Price prior to this Change Order $11,431,415Net Increase/Decrease of this Change Order $210,770 Revised Contract Price with All Approved Change Orders $11,642,185 Contract Time: There is no change in contract time as a result of this Change Order.
Contract Price prior to this Change Order $11,266,893Net Increase/Decrease of this Change Order $37,465 Revised Contract Price with All Approved Change Orders $11,304,358 Contract Time: Bid Item No. 2 Substantial CompletionAll Other Work Substantial Completion There is no change in contract time as a result of this Change Order.
ORIGINAL CONTRACT PRICELESS CONTINGENCY/ALLOWANCE NET ORIGINAL CONTRACT PRICE $ $ $ Net total of previous Change Orders $ Previous revised Contract PriceThis Change Order No. Add Deduct$ $ Revised Contract Price this date $ Extension of time resulting from this Change Order (Indicate number of calendar days).The amount of this Change Order will be the responsibility of This Contract Modification constitutes full and mutual accord and satisfaction for all time and all cost related to this change.
ORIGINAL CONTRACT PRICE $ LESS CONTINGENCY/ALLOW ANCE $ NET ORIGINAL CONTRACT PRICE $ Net total of previous Change Orders $ Previous revised Contract Price $ This Change Order No. AddDeduct$ Revised Contract Price this date $ Extension of time resulting from this Change Order (Indicate number of calendar days).The amount of this Change Order will be the responsibility of This Contract Modification constitutes full and mutual accord and satisfaction for all time and all cost related to this change.
The Financial summary of the project construction is as follows: Original Contract Price – $ 242,370.00 Change Order No. 1 (Summary) – additions and deductionsto unit quantities based on actual construction $ (5,902.20) Revised Contract Price $ 236,467.80 The above is provided as information to the Commission.
The Supplier shall be entitled to supply the Good at the Revised Contract Price upon expiry of the Review Notice (unless the Supplier serves notice to terminate under Clause 11.6 of this Schedule 1 in which case Clause 11.7 of this Schedule 1 shall apply).